If a pro forma balance sheet dated at the end of May was prepared from the information presented, the marketable securities would total ________. (See Table 4.3)

Crown King Burgers purchased new soda machines for $900,000 and pays $100,000 for installation costs. One-half of the total cost or $500,000 is paid in cash; a note in the amount of $500,000 is signed. How should the company record this transaction?

A. Debit Cash for $500,000, debit Notes Payable for $500,000, and credit Equipment for $1,000,000. B. Debit cash for $500,000, debit Notes Payable for $500,000, credit Equipment for $900,000, and credit Operating Expenses for $100,000. C. Debit Equipment for $900,000, debit Operating Expenses for $100,000, credit cash for $500,000, and credit Notes Payable for $500,000. D. Debit Equipment for $1,000,000, credit Cash for $500,000, and credit Notes Payable for $500,000.

Compare the necessary elements in the introduction of a report to those of a proposal

What will be an ideal response?